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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Retrenchment compensation paid by subsidiary to the workers of ...

Case Laws     Income Tax

September 13, 2016

Retrenchment compensation paid by subsidiary to the workers of the two units which belonged to the assessee and which were transferred to the subsidiary and which amount was reimbursed by the assessee under a contractual agreement - allowable as an admissible deduction - HC

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